News

With Hyatt Hotels Corp.’s recent 10-K filing revealing it paid US$465 million to acquire a 50% stake in Grupo Piñero, owners of the 22-hotel Bahia Principe all-inclusive brand with properties across the Dominican Republic, Spain, Mexico and Jamaica, come news that Bahia Principe Hotels & Resorts has reaffirmed its commitment to invest €128 million to renovate and upgrade its portfolio.

CapMan launches CapMan Hotels II Fund (“CapMan Hotels II” or the “Fund”) as a successor to its first hotel fund, CapMan Hotels RE, which was launched in 2008. CapMan Hotels II has a long-term semi-open-ended structure. 

Corinthia Hotels has announced plans for a hotel and serviced apartments within a forthcoming development on Dubai’s Sheikh Zayed Road.

Greek shipowner George Procopiou has finalized the purchase of the Astir Palace Vouliagmeni hotel group, securing 100% ownership. The deal, concluded Wednesday evening, saw Procopiou acquire the remaining 77% stake held by Arab investment funds. This follows his October 2022 acquisition of a 33% share from Turkish group Dogus for €150 million, valuing the complex at €450 million at the time.

Henderson Park has acquired a portfolio of five hotels in France alongside asset management company Atream.

Footage circulating online today shows rapper Drake’s apparently furious response as a drone films him in his top-floor Sydney hotel room – but some fans have been left wondering if the whole thing is a set-up.

The Panhellenic Federation of Hoteliers (POX) and the Panhellenic Federation of Employees in Catering and Tourism (POEET) are formalizing a significant agreement. As POX President Yiannis Chatzis announced during their 5th Regional Conference in Corinth, the new National Sectoral Collective Labor Agreement promises pivotal pay enhancements for hotel employees.

Sofitel Bahrain Zallaq Thalassa Sea & Spa has unveiled a new collection of overwater villas, adding a unique offering to Bahrain’s hospitality landscape.

InterContinental Hotels Group PLC (IHG) has acquired from Ruby SARL the RubyTM brand and related intellectual property for initial purchase consideration of €110.5m (~$116m1). 

Authorities in Cappadocia have shut down 125 hotels and facilities found to be operating without proper licenses or adequate safety measures.

Choice Hotels EMEA has appointed Tobias Reinecke as Head of Development Investment and Portfolio Growth joining the Leadership Team.

Hotel billionaire Jerry Schwartz is flying high, buying majority control of Sydney Seaplanes from former owners Aaron Shaw and Ken Gaunt.

Nobu Hospitality has announced the continued expansion of its global footprint in 2025 – from the highly-anticipated Nobu Hotel Toronto, perched above the historic Pilkington Glass Factory, to the brand’s first foray into Italy, with Nobu Hotel Roma, set on the iconic Via Veneto. 

Six people were killed and more than two dozen were injured when a blaze ripped through a hotel construction site in the South Korean port city of Busan on Friday (Feb 14), the National Fire Agency said.

Hyundai Engineering & Construction (E&C) has secured a 1.2 trillion won ($829 million) contract to transform the site of the former Millennium Hilton Seoul, a landmark luxury hotel, into a mixed-use complex.

Construction of the OKKO Group’s first hotel complexhas begun at the GORO Mountain Resort. The first complex consists of three hotels with 415 rooms. 

OYO, the travel tech unicorn, has announced plans to invest Rs. 86.69 crore (US$ 10 million) to enhance the digital assets of United States (US) - based G6 Hospitality, focusing on improving its website and app. 

The Spanish government is to declare that the land on which the illegal El Algarrobico hotel stands in Almeria province as land of public utility on Tuesday 11 February. It is a declaration that will allow the institutions to expropriate the land and take measures to demolish the building, which has 21 floors and 422 rooms. 

When Aman Nai Lert Bangkok opens in historic Nai Lert Park it will feature some of the city's largest suites and a medi-wellness centre set across two floors. Rose Dykins reports Aman Resorts is launching a hotel in Bangkok in April 2025.

A £750 mai tai previously earned the city centre bar the title of world’s most expensive cocktail

A new study commissioned by Valpas, a company specializing in sustainable, bed bug-free hospitality, reveals that conventional bed bug treatments in hotels generate significant carbon emissions.

The Viennese hotel market welcomes a new player with the opening of Premier Inn Wien City, the first establishment of the British chain in Austria. This project is part of Premier Inn’s expansion strategy, which already operates 60 hotels in Germany.

London, Istanbul and Dublin are the European cities forecast to see the highest number of new hotel rooms this year, according to figures from industry analyst CoStar. Across Europe, CoStar is forecasting that there will be just under 107,000 new rooms added during this year, including those properties that have already opened in early 2025.

While the argument over the new 'big brother' visitor registration scheme rumbles on, the Spanish Data Protection Agency (AEPD) has fined a hotel in Cantabria, 1,500 euros for requiring a photocopy of a guest’s ID card as a requirement to complete their reservation. The traveller, when refusing to provide said copy, saw how their reservation was cancelled.